Chad and Glencore to meet in Paris on Monday to discuss debt

From Reuters - November 5, 2017

NDJAMENA, Nov 5 (Reuters) - Chadian government officials will meet Glencoreexecutives in Paris on Monday to discuss restructuring the countrys debt, two senior Chadian government sources with knowledge of the matter told Reuters on Sunday.

Chad has been trying renegotiate its hefty external commercial debt to Glencore, which eats up nearly all of its oil profits - the countrys main source of revenue. (Reporting by Madjiasra Nako; Writing by Tim Cocks; Editing by Mary Milliken)


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